U.S. Core PCE Price Index MoM for April
U.S. Department of Commerce announced the U.S. Core PCE Price Index MoM for April on 2025-05-30. The reported figure stands at 0.1%, against a forecast of 0.10%, with the prior figure recorded as 0.00%.
Regarding the U.S. Core PCE Price Index MoM for April, Actual value > Forecast value = Bullish for the US dollar, PCE is the abbreviation for the Personal Consumption Expenditure Price Index (CTPIPCE). The Personal Consumption Expenditure Price Deflator (PCE) was first introduced by the U.S. Department of Commerce's Bureau of Economic Analysis and was adopted as a major indicator for measuring inflation by the Federal Open Market Committee (FOMC) of the Federal Reserve in 2002. In January 2012, the Federal Reserve set a long-term inflation target of a 2% annual increase in core PCE, marking a clear inflation target for the Federal Reserve. If the annual increase in core PCE exceeds 2%, the Federal Reserve will tighten monetary policy, which is favorable for the U.S. dollar.
This data holds an importance level of , calculated using Release monthly and annual rate data, and updates monthly. The next release is set for 2025-07-31 20:30:00.
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